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Life Cycle Of A Family Business
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Book Synopsis Generation to Generation by : Kelin E. Gersick
Download or read book Generation to Generation written by Kelin E. Gersick and published by Harvard Business Press. This book was released on 1997 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Generation to Generation will help managers understand the special dynamics & challenges that family businesses face as they move through their life cycles. It explains how to handle succession, & the role of non-family professionals.
Book Synopsis Understanding the Family Business by : Keanon Alderson
Download or read book Understanding the Family Business written by Keanon Alderson and published by Business Expert Press. This book was released on 2011 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to provide readers with an introductory overview of family business, the most prevalent form of business in the world. The differences between family and nonfamily businesses are emphasized in this book. There are several key audiences: As a supplemental text for university undergraduate or graduate level courses such as small business management, introduction to business, entrepreneurship, or family studies. Members of family businesses will benefit from the book as an introduction to the unique nature of family businesses. Professional advisors to family firms such as accountants, attorneys, bankers, insurance providers, and financial services professionals may develop a better understanding of their clients. Suppliers to family businesses will gain insight to this important business customer. Much of the literature on family business is from the United States; an attempt has been made to present relevant international information, as well. Chapter one defines a family business and provides an overview of family business. Chapter two explores the many differences between a family owned business and a nonfamily owned business. Chapter three explores the major family business theories. Chapter four discusses how family firms make business decisions. Chapter five explores the significant issues prevalent in a family firm. Chapter six explores the most problematic issue in family firms: succession or the transfer of ownership to the next generation. Chapter seven explores the many differences among the generations of a family firm. Chapter eight presents information on family business strategic planning. Chapter nine focuses on effective family business governance and use of advisors and boards. Chapter ten explores key success tips for long lasting family firms. Chapter eleven discusses trends in family business. Chapter twelve contains key points for family business professionals and suppliers who target or service family firms. Chapter thirteen presents areas for future research to advance the study of family business.
Book Synopsis Guide to the Family Business by : Peter Leach
Download or read book Guide to the Family Business written by Peter Leach and published by Kogan Page Publishers. This book was released on 1999 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This BDO Stoy Hayward Guide to the Family Buisness is intended as a guide for those involved in family business, or those contemplating joining one, to help them identify and resolve the family-related issues that are potentially so destructive.
Book Synopsis The Family Business in Tourism and Hospitality by : Donald Getz
Download or read book The Family Business in Tourism and Hospitality written by Donald Getz and published by CABI. This book was released on 2004-04-16 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: The family business is a global phenomenon, and is particularly prominent in tourism and hospitality. In many cases, the family business was developed for the purpose of facilitating personal and family goals. For example, in rural areas, farmers can use tourism as a way to generate additional income, thereby remaining in the area and retaining family property. Running a bed and breakfast establishment is a way to mix family and work. Lifestyle, locational and autonomy motives are the norm, but profit and growth-oriented entrepreneurs are also found within family businesses.This book is the first academic treatment of family business issues within the tourism and hospitality industry. It provides comprehensive assessment of ownership, management and family-related concerns across the entire business and family life cycle. Many new international case studies of real family businesses are used to illustrate key points. The book will be of significant interest to researchers and students in tourism and hospitality, small business and entrepreneurship studies, as well as to owners and potential investors in family businesses.
Book Synopsis Strategic Planning for The Family Business by : R. Carlock
Download or read book Strategic Planning for The Family Business written by R. Carlock and published by Springer. This book was released on 2001-01-29 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Family business planning has traditionally centered on two issues - estate planning and succession. These goals are far too limited for today's family firm. Business families want to turn the business into not only a tool for profit, but for self-expression, innovation and legacy. The authors introduce the new concept of the Parallel Planning Process, explaining how to integrate the needs and expectations of the family and business systems in order to create an organic and entrepreneurial unit. Planning and decision making templates are included as well as studies of well-known family businesses.
Book Synopsis Learning Family Business by : Ken Moores
Download or read book Learning Family Business written by Ken Moores and published by . This book was released on 2010 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Family Business on the Couch by : Manfred F. R. Kets de Vries
Download or read book Family Business on the Couch written by Manfred F. R. Kets de Vries and published by John Wiley & Sons. This book was released on 2010-03-02 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The challenge faced by family businesses and their stakeholders, is to recognise the issues that they face, understand how to develop strategies to address them and more importantly, to create narratives, or family stories that explain the emotional dimension of the issues to the family. The most intractable family business issues are not the business problems the organisation faces, but the emotional issues that compound them. Applying psychodynamic concepts will help to explain behaviour and will enable the family to prepare for life cycle transitions and other issues that may arise. Here is a new understanding and a broader perspective on the human dynamics of family firms with two complementary frameworks, psychodynamic and family systematic, to help make sense of family-run organisations. Although this book includes a conceptual section, it is first and foremost a practical book about the real world issues faced by business families. The book begins by demonstrating that many years of achievement through generations can be destroyed by the next, if the family fails to address the psychological issues they face. By exploring cases from famous and less well known family businesses across the world, the authors discuss entrepreneurs, the entrepreneurial family and the lifecycles of the individual and the organisation. They go on to show how companies going through change and transition can avoid the pitfalls that endanger both family and company. The authors then apply tools that will help family businesses in transition and offer their analyses and conclusions. Readers should draw their own conclusions from careful examination of the cases, identifying the problems or dilemmas faced and the options for improved business performance and family relationships. They should ask what they might have done in the given situation and what new insight into individual or family behaviour each case offers. The goal is to avoid a bitter ending.
Book Synopsis Entrepreneurial Family Firms by : Frank Hoy
Download or read book Entrepreneurial Family Firms written by Frank Hoy and published by . This book was released on 2010 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: NOTE: This title is currently available through our Pearson Custom Library. To access, instructors must visit www.pearsoncustomlibrary.com and search by ISBN or author name.
Book Synopsis Understanding The Family Business by : Keanon J. Alderson
Download or read book Understanding The Family Business written by Keanon J. Alderson and published by Business Expert Press. This book was released on 2011-05-19 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to provide readers with an introductory overview of family business, the most prevalent form of business in the world. The differences between family and nonfamily businesses are emphasized in this book. There are several key audiences: As a supplemental text for university undergraduate or graduate level courses such as small business management, introduction to business, entrepreneurship, or family studies. Members of family businesses will benefit from the book as an introduction to the unique nature of family businesses. Professional advisors to family firms such as accountants, attorneys, bankers, insurance providers, and financial services professionals may develop a better understanding of their clients. Suppliers to family businesses will gain insight to this important business customer. Much of the literature on family business is from the United States; an attempt has been made to present relevant international information, as well. Chapter one defines a family business and provides an overview of family business. Chapter two explores the many differences between a family owned business and a nonfamily owned business. Chapter three explores the major family business theories. Chapter four discusses how family firms make business decisions. Chapter five explores the significant issues prevalent in a family firm. Chapter six explores the most problematic issue in family firms: succession or the transfer of ownership to the next generation. Chapter seven explores the many differences among the generations of a family firm. Chapter eight presents information on family business strategic planning. Chapter nine focuses on effective family business governance and use of advisors and boards. Chapter ten explores key success tips for long lasting family firms. Chapter eleven discusses trends in family business. Chapter twelve contains key points for family business professionals and suppliers who target or service family firms. Chapter thirteen presents areas for future research to advance the study of family business.
Book Synopsis Family Values and Value Creation by : J. Tàpies
Download or read book Family Values and Value Creation written by J. Tàpies and published by Springer. This book was released on 2008-05-29 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: In celebration of IESE's 50 years of bridging the gap between theory and practice, this essential compilation brings together today's top researchers to tackle the real-life issues that family business owners face on a daily basis, shedding new light on the values that shape these special types of companies.
Book Synopsis The SAGE Handbook of Family Business by : Leif Melin
Download or read book The SAGE Handbook of Family Business written by Leif Melin and published by SAGE. This book was released on 2013-11-15 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: The SAGE Handbook of Family Business captures the conceptual map and state-of-the-art thinking on family business - an area experiencing rapid global growth in research and education since the last three decades. Edited by the leading figures in family business studies, with contributions and editorial board support from the most prominent scholars in the field, this Handbook reflects on the development and current status of family enterprise research in terms of applied theories, methods, topics investigated, and perspectives on the field′s future. The SAGE Handbook of Family Business is divided into following six sections, allowing for ease of navigation while gaining a multi-dimensional perspective and understanding of the field. Part I: Theoretical perspectives in family business studies Part II: Major issues in family business studies Part III: Entrepreneurial and managerial aspects in family business studies Part IV: Behavioral and organizational aspects in family business studies Part V: Methods in use in family business studies Part VI: The future of the field of family business studies By including critical reflections and presenting possible alternative perspectives and theories, this Handbook contributes to the framing of future research on family enterprises around the world. It is an invaluable resource for current and future scholars interested in understanding the unique dynamics of family enterprises under the rubric of entrepreneurship, strategic management, organization theory, accounting, marketing or other related areas.
Book Synopsis Strategic Planning for the Family Business by : Randel S. Carlock
Download or read book Strategic Planning for the Family Business written by Randel S. Carlock and published by Palgrave Macmillan. This book was released on 2001-04-21 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: From small start-ups to giant multinationals, from the Mom-and-Pop owned barber shop to Ford, family owned businesses continue to dominate the world economy. Regardless of size, running a successful family firm presents unique challenges, and many fail to survive the transition to the next generation. Here is a practical, comprehensive guide to ensuring success through effective strategic planning. The authors provide a wealth of tested, easy-to-follow tools and techniques for mastering strategic planning for family-owned firms. Filled with real world examples, case studies, checklists, and planning worksheets, the book shows how to deal with a host of emerging challenges--from new technologies and globalizing marketings--by integrating family values and dynamics into sound planning and management.
Book Synopsis Succeeding Generations by : Ivan Lansberg
Download or read book Succeeding Generations written by Ivan Lansberg and published by Harvard Business Press. This book was released on 1999 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finding the right successor to a well-loved founder or president is often the most difficult task an organization faces-and the challenge is even greater for family-run businesses. From mom-and-pop grocery stores to vast multinationals, family-owned companies dominate the worldwide business landscape, yet surprisingly few are successfully passed down from one generation to the next, and fewer still reach the third generation intact. Author Ivan Lansberg, an organizational psychologist who grew up in a family business, explores the reasons behind this high failure rate, and reveals the conditions that allow family businesses to endure through the generations. Family enterprises are highly personal, says Lansberg, and many elaborate succession plans are thwarted because deeper psychological factors are overlooked. Lansberg stresses the need for families to share a common "dream" for their company, much like a business has a unified mission. Succeeding Generations helps us to understand all aspects-the practical and the emotional-of the succession process, as Lansberg offers advice on how to mentor successors, how to set up a systematic selection process, and how to make the best use of the board of directors during times of transition. He also provides the first clear assessment of the different options, from direct successions between a parent and a single appointed heir to more complex partnerships between siblings and cousins. With a wealth of examples from companies in the U.S., Europe, and Latin America, Succeeding Generations provides a thoughtful and comprehensive look at the sensitive dynamics of leadership succession in family businesses. Planning for continuity is a life-long process for families in business, and Succeeding Generations is the first book to provide in-depth answers to the questions that arise at every stage in the evolution of the family firm.
Book Synopsis Handbook of Research on Family Business by : Panikkos Poutziouris
Download or read book Handbook of Research on Family Business written by Panikkos Poutziouris and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 801 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This is a very business-like book in its approach. It has an impressive global reach in its authorship, focal areas and use of evidence; it hits all the major practical challenges of family firms in a spirit that is fresh and current; and it deals with the cutting-edge themes and issues that are uppermost in the minds of owners, executives, advisors and researchers in the field.' – Nigel Nicholson, London Business School, author, Managing the Human Animal, Family Wars and The 'I' of Leadership Acclaim for the first edition: 'The authors have taken a lot of pain in putting this handbook together. As the name indicates, this is an excellent handbook for researchers.' – Global Business Review 'The Handbook of Research on Family Business has collected and synthesized a broad variety of topics by notable researchers who share a common dedication to family business research. This Handbook provides a comprehensive treatment that advances the frontiers of knowledge in family business, provoking valuable thoughts and discussion. The Handbook will serve as both an authoritative and comprehensive reference work for researchers investigating family enterprises.' – A. Bakr Ibrahim, Concordia University, Montreal, Canada 'Although family business research is a young discipline it is both necessary and important. For the wellbeing and future development of our society the survival of prosperous and passionate family business entrepreneurs is indispensable. In order to help the families in business to better understand how to succeed with their enterprises we need qualified and updated research. This book is the answer!' – Hans-Jacob Bonnier, Bonnier Business Press Group, Sweden and 6th Generation Chairman of the Family Business Network – International 'This Handbook is a unique compilation of the most important and the best recent family business research. The field has grown so rapidly that this effort will be a mark for the research to follow. The Handbook of Research on Family Business will be the reference for scholars in family business for many years to come. It will also stimulate new ideas in research.' – John L. Ward, IMD, Switzerland and Northwestern University, US During the previous decade, the multi-disciplinary field of family business has advanced significantly in terms of advances in theory, development of sophisticated empirical instruments, systematic measurement of family business activity, use of alternative research methodologies and deployment of robust tools of analysis. This second edition of the Handbook of Research on Family Business presents important research and conceptual developments across a broad range of topics. The contributors – notable researchers in the field – explore the frontiers of knowledge in family business entrepreneurship and stimulate critical thinking, enriching the repository of theoretical frameworks and methodologies. The Handbook takes a systematic and rigorous approach by providing in-depth insights into the dynamics of family business, its context and the significant role of stakeholders. Ultimately, this scholarly compendium of extant family business papers is an invaluable resource for researchers, educators, family business consultants, family business owner-managers and students.
Book Synopsis The 10 Commandments for Family Business by : Kavil Ramachandran
Download or read book The 10 Commandments for Family Business written by Kavil Ramachandran and published by Sage Publications Pvt. Limited. This book was released on 2015-03-29 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: A one step guide for understanding the family business better!
Book Synopsis Transgenerational Entrepreneurship by : M. Nordqvist
Download or read book Transgenerational Entrepreneurship written by M. Nordqvist and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introducing a new concept in family businesses Transgenerational Entrepreneurship addresses how these businesses achieve growth and longevity through entrepreneurial activities. It focuses on the resources, capabilities and mindsets that families develop and draw upon in order to be entrepreneurial across generations, and presents findings from an international research collaboration between family business researchers and practitioners. In addition to a comprehensive conceptual chapter, the editors include a unique set of empirical case-based research papers that investigates transgenerational entrepreneurship in different European contexts. They bring together and integrate frontier research on entrepreneurship and family business, as well as provide a basis for future research. Academics, teachers and students in business and management, entrepreneurship and family business will find this path-breaking book of value, as will libraries, policy makers and consultants.
Book Synopsis Family Transitions by : Celia Jaes Falicov
Download or read book Family Transitions written by Celia Jaes Falicov and published by Guilford Press. This book was released on 1991-07-01 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of all concepts used by family therapists, the family development framework is among the least studied, in spite of its relevance to understanding spontaneous family change and to facilitating therapeutic intervention. The notion that a "developmental difficulty" underlies the appearance of clinical symptoms has become a time-honored tradition in family therapy just as it has been in individual therapy. Yet, unlike the well-established and well-researched models of child and adult development, those in family development are rudimentary. Despite increasing interest in the family life cycle as a framework for family therapy, relatively little has been done to elucidate the specific dimensions and processes of spontaneous and therapeutically-induced change over the family life cycle. This volume gathers original contributions of some of the most prominent family theorists, researchers, and clinicians of our time to improve our understanding of these important and hitherto neglected domains. The book opens with a comprehensive overview by the editor that outlines contributions to the family life cycle framework from family sociology, and crisis theory. This is followed by a comparative analysis of developmental thinking, explicit or implicit, in the theory and interventions of the major family therapy approaches. Then divided into four parts, FAMILY TRANSITIONS introduces new conceptual models that integrate the temporality of the life cycle approach with systems theory.By their very nature, these models cut across therapeutic orientations and have important clinical applications. In Part II, family therapy's views of development are freed from the confines of the therapist's office, and placed in the context of other disciplines. Chapters provide analysis of changing--or static--sociocultural values that can affect conceptions of development; potential misuse of the concept of "cultural identity" in health, mental health, and education; how "family identity" operates as a vehicle for cultural transmission over generations; and family therapists assumptions about women's development. The role of expected and unexpected events in the family life cycle is the focus of Part III. Chapters on clinical approaches geared to dislocations of life cycle occurrences due to unexpected crises, chronic illnesses, loss, or drug abuse provide illustrations of interventions that utilize, enhance, or potentially detract from the family's developmental flow. Part IV explores the articulation of the life cycle framework within four major family therapy orientations: intergenerational, structural, systemic, and symbolic-experiential. Each of these chapters endeavors to elucidate: what is the place of family development in each orientation; concepts of continuity and change; use of the concept of stages, transitions, or developmental tasks; the specific dimensions that change in most families over time; and the links between family dysfunction and life cycle issues. Finally, each chapter illustrates through clinical example assessment strategies, formulation of treatment goals and interventions as these emerge from a particular life cycle model. FAMILY TRANSITIONS presents a significant advance in our understanding of functional and dysfunctional family development and offers a range of interventions to promote developmental change. It is an invaluable resource for clinical psychologists, psychiatrists, social workers, and counselors that will also interest human development professionals, family sociologists, and family researchers. FAMILY TRANSITIONS can serve as a developmentally oriented textbook for teaching family therapy in academic and professional settings.